pension account


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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.pension account - a plan for setting aside money to be spent after retirement
plan, program, programme - a series of steps to be carried out or goals to be accomplished; "they drew up a six-step plan"; "they discussed plans for a new bond issue"
401-k, 401-k plan - a retirement savings plan that is funded by employee contributions and (often) matching contributions from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments yourself
individual retirement account, IRA - a retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred
Keogh plan - a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The letter went on to say that all of Mr Musharraf's properties, including the aforementioned farmhouse, his accounts, his pension account and his mother's family pension account, have been attached and frozen by the court.
He said Rs3 million were withdrawn from his pension account on October 25 and 26.
The wide coverage is what makes Danish pensions so special: In the 1980s only 35 percent had access to a pension account through work.
'The accused withdrew N2 million from the complainant's pension account and investment account, thereby emptying the accounts,' he said.
Carolina replied that the PVAO would remit my husband's TAD pension to my pension account in Landbank.
The bank has also declared the profit rates for Corporate Premier Term Account, PLS Supreme Saving Account, Senior Citizen Saving Account, Gharayloo Saving Account, Ziada Munafa Saving Account, PLS Saving Bank - Staff Accounts, PLS Saving Pension Account, Munafa Hi Munafa Term Deposits, Munafa Hi Munafa Term Account - I, Munafa Hi Munafa Term Account - II, Munafa Hi Munafa Term Account - III, Munafa Hi Munafa Term Account, BOP Bonus Munafa Term Deposit, BOP Bai Misaal Term Deposit, Pehlay Munafa Deposit, BOP Kisan Dost Term Deposit, BOP Senior Citizen Term Deposit, BOP Young Lions Savings Account and BOP Behtareen Munafa Account.
That is the number of citizens who monthly deposit additional money on their pension account, which will be used as addition to their regular pension, with an option to withdraw them ten years in advance than the legal retirement period.
The payment for the insurance comprises two different parts: basic insurance, which is fully provided by the government, and the personal pension account, paid by rural residents themselves.
The study additionally estimated the effect of government incentives on total savings by looking at the response to a 1999 reduction by the Danish government of the tax incentive for contributing to a capital pension account. The results, EBRI writes, indicate that the tax incentive had little or no effect on total savings of Danish workers, though the tax incentive did shift how those impacted by the changes in tax incentives chose to save.
The ministry of personnel will be meeting on September 27 where it could be decided that a pensioner can now nominate any person, even a nonfamily member, to be entitled to the amount in his pension account after his death.
The bank based its calculations on a typical K3 pension fund client, with an 850 euro average monthly wage whose pension account balance stood at 1,000 euros at the beginning of 2008.
Now comes the caveat: Tier-II will be available only to those who have subscribed to Tier-I, the original pension account. Did you really think you could have your cake and eat it too?